About Negotiated Price Lists

Negotiated Price Lists allow you to establish prices with providers for materials, markup %, and fees so that you can mitigate the risk of unexpected rate changes. 

Once the lists are in ServiceChannel, you and the providers can select items from the pre-negotiated list when filling in proposal or invoice information.  

If providers modify the prices in the invoice, they are required to provide a reason for any price mismatches, and you will have visibility into these reasons and mismatches when viewing invoice details. 

Overview of Negotiated Price Lists Management 

1. Reach out to your ServiceChannel representative to enable lists.
   

   Both you and your providers should enable the feature to be able to manage negotiated price lists.

2. Discuss the price lists for materials in detail, including:
   1. Effective and expiration dates 
   2. Part # and name 
   3. Unit of measure 
   4. Markup %. 
3. Download and fill in the template. 
   
   
   
   
4. Upload it to ServiceChannel.
   
   
   

   To ensure successful invoice validation for invoices uploaded to ServiceChannel via the line-item template, make sure that the items listed in the template match those on the Negotiated Price List.

   
   
5. (Optional) Once the invoices have been created, search for invoices with mismatches using the filters on the Invoices List page. 
   
   
   
   
6. (Optional) View these mismatches on the Invoice Details page. 
   
   
   
   
7. (Optional) View data about invoices with rates mismatch in Analytics. 
   
   
   

Rate Cards VS Negotiated Price Lists 

Rate cards and price lists are designed to allow you to settle prices with specific providers for different charges, trades, and locations. They indicate if the amounts proposed or invoiced by your providers contradict the agreed upon prices. 

It is important to understand how price lists and rate cards differ and what they have in common.